Franchise opportunities compared

    Great Greek vs Subway

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Great Greek

    $704,620 – $1,246,725

    2026 FDD · Item 7

    Subway

    $227,000 – $458,000

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Great Greek

    Not available

    Subway

    $15,000

    2026 FDD · Item 5 · PDF p. 29

    Royalty · Item 6

    Great Greek

    18%

    2026 FDD · Item 6 · PDF p. 26

    Subway

    8%

    2026 FDD · Item 6 · PDF p. 36

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Great Greek and Subway disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Great Greek has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Great Greek

    $704,620 – $1,246,725
    2026 FDD · Item 7

    Subway

    $227,000 – $458,000
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Great Greek

    Not available
    No single standard fee identified

    Subway

    $15,000
    2026 FDD · Item 5 · PDF p. 29
    Royalty (Item 6)

    Great Greek

    18%
    oses that you have paid 98% or less royalties in any one month, plus interest at the lesser of — 18
    2026 FDD · Item 6 · PDF p. 26

    Subway

    8%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 36
    Brand / advertising fund (Item 6)

    Great Greek

    3%
    revenues do not include documented refunds or sales tax. Marketing /Brand Fund Contribution 2 — 3 — 3%
    2026 FDD · Item 6 · PDF p. 19

    Subway

    4.5%
    Advertising fee — 4.5%
    2026 FDD · Item 6 · PDF p. 36

    System scale & health

    Total outlets (Item 20)

    Great Greek

    87
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 65

    Subway

    18,773
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 94
    Net outlet change (Item 20)

    Great Greek

    +30
    Calculated: 57 at end of 2023 → 87 at end of 2025

    Subway

    −1,360
    Calculated: 20,133 at end of 2023 → 18,773 at end of 2025
    Outlet exits (Item 20)

    Great Greek

    Not available
    No complete exit records for a year

    Subway

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Great Greek

    Not available
    Not in reviewed records

    Subway

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Great Greek

    Not available
    Not in reviewed records

    Subway

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Great Greek
    Locations counted not stated in the reviewed record — Blue Adamas, LLC
    $291,841
    other Blue Adamas, LLC
    2026 FDD · Item 19 · PDF p. 61
    Locations counted not stated in the reviewed record — Neighbors Hospitality, LLC
    $2,247,753
    other Neighbors Hospitality, LLC
    2026 FDD · Item 19 · PDF p. 61
    Locations counted not stated in the reviewed record — Tessera, LLC
    $2,756,775
    other Tessera, LLC
    2026 FDD · Item 19 · PDF p. 61
    +17 more groups in the full report
    Subway

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Great Greek vs Subway: common questions

    Which costs less to open, Great Greek or Subway?
    Great Greek: $704,620 – $1,246,725 (2026 FDD · Item 7); Subway: $227,000 – $458,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Subway. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Great Greek and Subway royalties compare?
    Great Greek: 18% (2026 FDD · Item 6 · PDF p. 26); Subway: 8% (2026 FDD · Item 6 · PDF p. 36). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Great Greek or Subway?
    Great Greek: 87 (2026 FDD · Item 20 · PDF p. 65); Subway: 18,773 (2026 FDD · Item 20 · PDF p. 94). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Great Greek and Subway disclose financial performance (Item 19)?
    Great Greek has reviewed Item 19 figures for 20 location groups; Subway makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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